Motorcycle Auction Online

O motorcycle auction has been a much sought after selling modality lately. buy a motorcycle is the desire of many people, and the motorcycle auction is the perfect opportunity for anyone who wants to own a motorcycle much more economically.

However, many doubts arise when deciding whether or not to purchase a motorcycle at auction. So let's talk about some of these doubts. You will now understand everything about motorcycle auction!

What is a motorcycle auction?

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The motorcycle auction is a very simple, fast and secure way to buy and sell motorcycles or other vehicles. The Auctioneer is the intermediary between the seller and the buyer. Those auctions are held online, face-to-face or both (face-to-face and online).

Buyers participate in the auction by offering bids for that particular motorcycle. The interested buyer who offers the highest bid for it takes the motorcycle.

Car and Motorbike Auction

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Motorcycle auction modality:

face-to-face auction: These are auctions whose bidding participation is only in person.

Auction in person and online: These are auctions whose bidding participation is both face-to-face (from the public in the auditorium) and online (from the public connected to the website).

Online auction: These are auctions in which bidding is only available online, which take place automatically with a timer to finalize the sale of lots, with or without video transmission with the participation of the auctioneer.

The highest bidder wins the bike!

Documentation needed to buy your auction bike

Natural Person: RG or CNH; CPF; Proof of residence with zip code.

Legal Entity: Copy of the Social Contract; CNPJ; Proof of residence; Legal Representative or Attorney Documents.

forwarder expense

The dispatcher expense refers to the cost of sending documentation to the local provider, and refers to fees for transferring the motorcycle.

Transfer fees are the responsibility of the motorcycle buyer at the time of transfer, as well as additional expenses as per the regulation of each auction.

Starting bid and minimum bid

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Initial bid is the value to start the auction and the purchase dispute for the motorcycle. The value that is said as the initial bid does not mean that it is the minimum bid for auction purchase. Minimum bid is the lowest bid amount accepted by the seller for selling their motorcycles.

Can motorcycles purchased at an auction circulate on the streets?

It must be said that the auction bikes have two classifications, and one of them is prohibited from circulating on the streets.

Motorcycles purchased at auction that have the preserved classification can circulate smoothly, through regularization.

As for motorcycles purchased at auction that are classified as scrap, they are prohibited from circulating on the streets. Typically, these are purchased by professional mechanics who want to use the parts. If this is not your case, only buy motorcycles with a preserved rating.